SB 2 creates a small fee on real estate transactions, except on home sales, to be used for affordable housing. SB 3 puts a measure on next November's ballot, which if passed by the voters will raise $4 billion for affordable housing and veterans. SB 35 streamlines approval processes for affordable housing projects around the state, which will help reduce the costs of development.
To everyone who has spoken up on behalf of affordable housing, we thank you for using your voices! We especially thank the leadership shown by legislators across California– including Governor, Jerry Brown; Assembly Housing and Community Development Committee Chair, David Chiu; Senate Transportation and Housing Committee Chair, Jim Beall; Senator Toni Atkins, State Senator Scott Wiener, Senator Nancy Skinner; Assembly Speaker Pro Tem, Kevin Mullin; Assembly Budget Chair, Phil Ting; Assemblymembers Rob Bonta and Ash Kalra.